Calvineng, please talk facts.
Hibiscus is zero gearing with positive cash flow Oil & Gas company. That is basically very low risks with oil price is trending higher. You will regret if you miss this stock.

VS - Big fund is eyeing on it,,,

Global market crash always starts from Wall Street. As Wall Street is just beginning to rise, so it is still far from danger zone. Unless DJ is approaching 26,000-27000 level..

haha.. Good try. What is your research methodology ?

Calvin.. The Oil E&P Company using different model of financial reporting system, Same goes to Exxon, Shell and etc. Nothing uncommon in Hibiscus report, just because of your Report, it has helped to reduce traders from participating in this rally. Many people has cut profit position much more earlier and it is not making sense for them to go in now.

The key driving factors are Oil Price, Sabah Shell and Anasuria Profitability.
Without Sabah Shell, Hibiscs is still tiding on Anasuria Profit and strong oil price recovery.

This report is still valid..
http://www.osk188.com/adminv2/UserFiles/OSK188-Malaysia/Article/Malaysia%20Smelting%20Corporation_Initiating%20Coverage_Tin%20is%20in_20120417_OSK.pdf

http://klse.i3investor.com/blogs/PublicInvest/113343.jsp

Public Bank Valuation of Hibiscs at 60 cents..

http://klse.i3investor.com/blogs/candlestick/112781.jsp

Dear Mr KW Tan / Organizer, I have submitted very much earlier and some how my name not in the list.
http://klse.i3investor.com/servlets/pfs/70698.jsp
Please consider my participation. Thank you.

Dear Mr KW Tan,

My updated portfolio link..
http://klse.i3investor.com/servlets/pfs/70698.jsp

Thank you very much

Dear Mr. KW Tan,

My Stock Pick for 2017 as follow :-
1)Hibiscs 10%
2)RceCap 10%
3)RedTone 10%
4)PoHuat-WB 10%
5)HSPlant 10%
6)Cepat 10%
7)MSC 10%
8)LiiHen 10%
9)Reach-Wa 10%
10)Genting-Wa 10%

Thank you very much & Happy New Year.

Too bad, based on last quarter reporting, PMetal didnt hedge USD exposures.

wikioon.. I am just sharing my knowledge on foreign currency borrowings effects on company P&L Your poor financial knowledge in a way can misleading general public into believing your arguement. For investors, at least they are mentally well prepare to face the possible reporting outcome rather than giving high expectations that can drive the share prices gap down horribly when quarterly result are not up to anticipations(Case like Gadang, TeckGuan).

For Q4, this one is important.
------------------------------------------------------------------------------------------------------------------------
Net foreign currency translation loss on foreign currency denominated borrowings
------------------------------------------------------------------------------------------------------------------------

Appended here with information that can sharpen Wikioon half past 6 accounting knowledge..
This format for year end Condensed Consolidated Statement of Profit or Loss reporting will be as appended:-

Revenue
Operating profit ( Share of results of associates + Share of results of joint ventures )
Profit before interest and taxation
+ Interest income
- Finance costs
******- Net foreign currency translation loss on foreign currency denominated borrowings****
Profit/(loss) before taxation
- Taxation
Profit/(loss) from continuing operations

No need to argue on Foreign Currency Denominated Loan accounting treatment, please check with any of your FC or CFO friend, We will see the numbers in next Qtr Report

As per last Quarterly Report, PMetal has the following loans exposures >
1)USD639 Million and
2) Reminbin 422 Million and
3) GBP 10 Million.
As reported in Financial Statement in RM term is RM 2959 million.

If we based in today exchange rate, the total loan in RM term is 3189.72 million, increase by RM230.72 million.

USD ex Rate : 4.483
RMB .. 1.55
GBP.. 5.50

Last Quarter Profit RM123 Mil VS RM230.7mil ( Loan increament In weak RM term)

MPSAS 4
The Effects of Changes
In Foreign Exchange Rates
The financial performance and financial position of an entity whose functional
currency is the currency of a hyperinflationary economy shall be translated into a
different presentation currency using the following procedures:
(a) All amounts (i.e., assets, liabilities, net assets/equity items, revenue, and expenses,
including comparatives) shall be translated at the closing rate at the date of the
most recent statement of financial position, except that
(b) When amounts are translated into the currency of a non-hyperinflationary
economy, comparative amounts shall be those that were presented as current year
amounts in the relevant prior year financial statements (i.e., not adjusted for
subsequent changes in the price level or subsequent changes in exchange rates).

Bill Gate... PMetal will report poor Qtr Report soon due to weak aluminium price and huge forex losses. Based on last quarter revenue announced revenue around USD 434Mil Vs Loan exposure USD 639mil, the negative impact will be quite significant. The Ringgit has been weakening by 10% sofar, forex losses from USD loan alone estimated RM255mil, even with additional revenue and profit from strong USD, it is still fall short of reporting good profit. I m just sharing my views only. Decision is yours.

PMeal will go to RM1.30 within one to two months,,

PMetal..Be careful. Bearish move just started

Mr. KW Tan, Dear Sir, Please reserve one seat for me.. TQVM

The Quarterly Profit announced today is below market expectation, expect panic selling for tomorrow..

PMetal is a very good stock. The only concerns is huge USD loan exposure of USD639Million. Company might announce huge forex losses for coming quarter. From RM4.04 to 4.40, the jump in loan exposure in RM term is RM255mil additional burden for company.

Calvin, you have missed the most important part of Hibiscs's Anasuria oil field crude oil production with 3500 barrels per day with cost of less than USD19.00. Please work out the profit per day based on oil price at USD50 per barrel, it is RM500K per day or RM40mil per quarter..

Construction sector is gone case. With pressures of increase raw material cost such as steel and tight margins due to stiff competition, i really doubt the outlook will be good.

CsCStel is cash rich company. With tariff protection and strong steel prices due to capacity cut in China, the future earnings are very promising with fat margins. Savvy investors will come in to accumulate as the price is still in single digit P/E. We don't need famous investor like KYY to promote CsCStel, most important thing is ability of the company to generate revenue and earning growth for the near future. Good luck.

George Kent is a great stock and comparing George Kent with JHM, Penta and Mycron are completely wrong in first place. The solid financial strenght, cash flow and earning visibility based on amount of jobs on hand are solid backing for the stock price. The growth potential is solid. George Kent is a railway engineering specialist and with vast oppotunity available not only in Malaysia but also in other part of SEA. The HSR will offer good opportunity to furnish the order backlogs. The current price is still very attractive and potential of further upside is still good with good dividend earner for the investors.

Expectation on quarterly profit was too high even up to RM15mil vs reported RM9mil. This might be the reason after result announced, we see heavy sell down by short term investors. Be patient, I believe for next 6 months, you will see better result ahead.

FA won't change overnight. Tariff protection is still there. Maybe Sifu OTB was panicking and over-react by looking at market actions. We should see price gradually recover to RM0.90 to RM1.00 pretty soon.

In fact I m very bullist and seeing best ever returns since 1997

Liihen should break new height soon... within one to two weeks,,

Q3 Export To USA sales based on exchange rate of RM4.00-4,04, Q4 most cases will see strong christmas orders with exchange rate around RM4.25-4.40 mening we should see higher profit for next reporting, I am looking at EPS 12 cts for Q4 as compared to Q3..8.89 cts.

haha, Traders get caught now. After clearing the weak traders' blocks, it should move higher.
Nothing to worry.

MSC is now having 70,000 MT smelting capacity.. It will boost the profit of the company with bigger capacity it they maintain the smelting plant in Butterworth.

yes.. i think possible with current high tin price. With the acquisition of Klang plant, the Butterwoth Smelting site can make way for property development to unlock the hidden value. The land is located at prime area near jetty area and easily worth few hundred million ringgit.

moneySifu, what you mean by PE3?

Globally, Tin stocks heading higher...

http://www.investing.com/equities/timah-tbk
http://www.investing.com/equities/alphamin-res-balance-sheet

http://www.investing.com/commodities/tin

still strong,,, 3.97/98

After the slump of commodity price since 2012/2013, they have stopped paying dividend. I believe the BOARD will announce dividend payment on next Quarterly Report (Q4).

OCK - Definitely will be one of the Small and MidCap Stocks target by Government GLC RM3Billion Investment Fund. You will see the strong upsurge in 2017 in tandem with company's revenue and profit growth.

RGB is good stock but the only issue of concern is exposure to Phillipine market. The new President might implement new policy that will affect businesses and profitability of casino operators

thank you money sifu

Chinese Steel Prices Fall to Three-Month Low on Demand Concerns
September 19, 2016 19:11 GMT
As Chinese markets reopened after closing last Thursday and Friday for China’s Mid-Autumn Festival, steel prices saw a dramatic sell-off, plunging to three-month lows on concerns that newly announced moves to cool China’s hot property market will cool steel demand.

Recent data showed that August home prices rose at a faster-than-expected clip, with pricing gains even hitting second and third-tier cities. On Sunday, authorities in Hangzhou said they will begin to restrict home purchases from Sept. 19 to combat the rapid advance in home prices.

China is the world’s largest steel consumer. Stimulus programs implemented by the country earlier in the year boosted steel demand and prices due to rising needs for construction. Steel prices have retreated in September amid indications that China’s demand for steel would wane in the coming months. This follows three consecutive months of gains.

Also adding pressure to prices could be the news that China’s steel output rebounded in China. The country’s crude steel production rose to 68.57 million metric tons in August, up 3% from a year earlier and 2.6% higher than July. This provides support to concerns that China would not continue on its promise to curb steel overcapacity, that accelerating steel output cuts in July were simply due to the country’s preparations to host the G20 summit.

On Monday, the most-traded rebar on Shanghai Futures Exchange fell as low as 2,190 yuan a ton, its weakest price since Jun 29. Raw material iron ore traded on the Dalian Commodity Exchange fell as far as 383 yuan a ton, its lowest since July 26.

Chinese Steel Prices Fall to Three-Month Low on Demand Concerns
September 19, 2016 19:11 GMT
As Chinese markets reopened after closing last Thursday and Friday for China’s Mid-Autumn Festival, steel prices saw a dramatic sell-off, plunging to three-month lows on concerns that newly announced moves to cool China’s hot property market will cool steel demand.

Recent data showed that August home prices rose at a faster-than-expected clip, with pricing gains even hitting second and third-tier cities. On Sunday, authorities in Hangzhou said they will begin to restrict home purchases from Sept. 19 to combat the rapid advance in home prices.

China is the world’s largest steel consumer. Stimulus programs implemented by the country earlier in the year boosted steel demand and prices due to rising needs for construction. Steel prices have retreated in September amid indications that China’s demand for steel would wane in the coming months. This follows three consecutive months of gains.

Also adding pressure to prices could be the news that China’s steel output rebounded in China. The country’s crude steel production rose to 68.57 million metric tons in August, up 3% from a year earlier and 2.6% higher than July. This provides support to concerns that China would not continue on its promise to curb steel overcapacity, that accelerating steel output cuts in July were simply due to the country’s preparations to host the G20 summit.

On Monday, the most-traded rebar on Shanghai Futures Exchange fell as low as 2,190 yuan a ton, its weakest price since Jun 29. Raw material iron ore traded on the Dalian Commodity Exchange fell as far as 383 yuan a ton, its lowest since July 26.

Chinese Steel Prices Fall to Three-Month Low on Demand Concerns
September 19, 2016 19:11 GMT
As Chinese markets reopened after closing last Thursday and Friday for China’s Mid-Autumn Festival, steel prices saw a dramatic sell-off, plunging to three-month lows on concerns that newly announced moves to cool China’s hot property market will cool steel demand.

Recent data showed that August home prices rose at a faster-than-expected clip, with pricing gains even hitting second and third-tier cities. On Sunday, authorities in Hangzhou said they will begin to restrict home purchases from Sept. 19 to combat the rapid advance in home prices.

China is the world’s largest steel consumer. Stimulus programs implemented by the country earlier in the year boosted steel demand and prices due to rising needs for construction. Steel prices have retreated in September amid indications that China’s demand for steel would wane in the coming months. This follows three consecutive months of gains.

Also adding pressure to prices could be the news that China’s steel output rebounded in China. The country’s crude steel production rose to 68.57 million metric tons in August, up 3% from a year earlier and 2.6% higher than July. This provides support to concerns that China would not continue on its promise to curb steel overcapacity, that accelerating steel output cuts in July were simply due to the country’s preparations to host the G20 summit.

On Monday, the most-traded rebar on Shanghai Futures Exchange fell as low as 2,190 yuan a ton, its weakest price since Jun 29. Raw material iron ore traded on the Dalian Commodity Exchange fell as far as 383 yuan a ton, its lowest since July 26.

Chinese Steel Prices Fall to Three-Month Low on Demand Concerns
September 19, 2016 19:11 GMT
As Chinese markets reopened after closing last Thursday and Friday for China’s Mid-Autumn Festival, steel prices saw a dramatic sell-off, plunging to three-month lows on concerns that newly announced moves to cool China’s hot property market will cool steel demand.

Recent data showed that August home prices rose at a faster-than-expected clip, with pricing gains even hitting second and third-tier cities. On Sunday, authorities in Hangzhou said they will begin to restrict home purchases from Sept. 19 to combat the rapid advance in home prices.

China is the world’s largest steel consumer. Stimulus programs implemented by the country earlier in the year boosted steel demand and prices due to rising needs for construction. Steel prices have retreated in September amid indications that China’s demand for steel would wane in the coming months. This follows three consecutive months of gains.

Also adding pressure to prices could be the news that China’s steel output rebounded in China. The country’s crude steel production rose to 68.57 million metric tons in August, up 3% from a year earlier and 2.6% higher than July. This provides support to concerns that China would not continue on its promise to curb steel overcapacity, that accelerating steel output cuts in July were simply due to the country’s preparations to host the G20 summit.

On Monday, the most-traded rebar on Shanghai Futures Exchange fell as low as 2,190 yuan a ton, its weakest price since Jun 29. Raw material iron ore traded on the Dalian Commodity Exchange fell as far as 383 yuan a ton, its lowest since July 26.

http://bepi.mpob.gov.my/news/detail.php?id=4140

Genting is not about Casino and Taurx only..... more hidden potentials with the right investments seeds planted decade ago by Genting Chief Tan Sri Lim Kok Thay

https://www.syntheticgenomics.com/investors
http://www.nanalyze.com/2015/05/is-synthetic-genomics-looking-to-ipo-soon/#comments
http://www.nanalyze.com/2016/04/dr-j-craig-venters-2-startup-companies/

US will not raise interest rate this year.

http://www.nst.com.my/news/2016/08/162054/bukit-ibam-brightens-bornoil-prospects